Rush Enterprises Class B
RUSHB
28 hedge funds and large institutions have $264M invested in Rush Enterprises Class B in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 4 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
9% more capital invested
Capital invested by funds: $242M → $264M (+$21.7M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
10% less funds holding
Funds holding: 31 → 28 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SLCM
Seven Locks Capital Management
New York
|
+$1.92M |
| 2 |
GF
Gabelli Funds
Rye,
New York
|
+$1.18M |
| 3 |
NM
Newtyn Management
New York
|
+$578K |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$409K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$89.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFB
Cullen/Frost Bankers
San Antonio,
Texas
|
-$3.37M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$2.48M |
| 3 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$1.36M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$215K |
| 5 |
Citigroup
New York
|
-$131K |
RUSHB Hedge Fund Activity: Q1 2014 in Review
28 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Rush Enterprises Class B (RUSHB) for Q1 2014, worth a combined $264M — up 8.9% from $242M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of RUSHB and 1 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 12 added.
The largest buyer was Seven Locks Capital Management, adding an estimated $1.92M. The largest seller was Cullen/Frost Bankers, cutting an estimated $3.37M.
- 28 institutional investors held Rush Enterprises Class B (RUSHB) as of Q1 2014, down from 31 in Q4 2013.
- Funds reported $264M of Rush Enterprises Class B stock for Q1 2014, up 8.9% quarter-over-quarter.
- 1 fund opened new Rush Enterprises Class B positions in Q1 2014 and 4 closed out, a net change of -3 holders.
- The largest Rush Enterprises Class B buyer in Q1 2014 was Seven Locks Capital Management, an estimated $1.92M added.
- The largest Rush Enterprises Class B seller in Q1 2014 was Cullen/Frost Bankers, an estimated $3.37M sold.
Based on aggregated 13F filings for Q1 2014.